SGX-listed FJ Benjamin Holdings Ltd suffered a 18% drop in turnover, to $207.5 million for the financial year ended 30 June 2017, largely due to closures and discontinuance of business and decrease in sales to its Indonesian associate. Net loss for 2017 was reduced from $23.0 million to $17.4 million. Revenue from the fashion business in Southeast Asia increased by 1% excluding purchases by the Company’s Indonesian associate, discontinued brands and adjusting for translation losses. Revenue from its timepiece business slid 12%. FJ Benjamin has 144 retail footprints in Indonesia in 2017, expanded from 125 footprints in 2016. Its footprints in Malaysia reach 76 and 30 footprints in Singapore.